One or more photo(s) has been virtually staged. Welcome to Tangerine Bay Club, the southernmost condominium on Longboat Key, where refined sophistication meets resort-style living. This exceptional direct Bayfront end residence offers panoramic views of Sarasota Bay and the feel of a single-family home. Move-in ready with a new roof, the home has been extensively updated by the previous owner, featuring elegant granite countertops in the kitchen and baths. The spacious chef’s kitchen is a standout, complete with a center island, abundant custom cabinetry with built-in spice racks, a striking range hood, and top-tier Thermador appliances, including a 6-burner natural gas cooktop. A large breakfast room just off the kitchen adds casual dining flexibility. The open living and dining areas are ideal for entertaining and include impact-rated windows and sliders, gas fireplace, and gas hookups for both a grill and water heater. Three generously sized bedrooms each feature full ensuite baths. The primary suite impresses with Bay views, private lanai access, and a 7’x10’ custom walk-in closet. The ensuite bath includes a Jacuzzi tub and large multi-head shower. The third bedroom doubles as a den, also with a walk-in closet. Design highlights include 8-ft. mahogany doors, arched doorways, high ceilings, Hunter Douglas blinds, plantation shutters, and a well-appointed laundry room. An oversized 2-car garage provides ample storage. Community amenities at Tangerine Bay Club are unmatched: a 25-meter heated pool, kayak storage, fitness center, tennis and pickleball courts, day dock, fishing pier, and on-site management. Residents also have the option to join the Bay Isles Beach Club for just $500 per year. Located in the heart of South Longboat Key, this gated community is just minutes from the upscale shops and restaurants of St. Armands Circle, as well as downtown Sarasota’s vibrant arts scene and white sand beaches. Being offered fully furnished. Please note: patio photo is virtually staged; no patio furniture is included. Tangerine Bay Club is renowned for its Mediterranean-inspired architecture, lush 10-acre tropical setting, and active social atmosphere. A truly unique coastal lifestyle.
For sale
Price cut: $95K (4/30)
$2,495,000
340 Gulf Of Mexico Dr APT 124, Longboat Key, FL 34228
3beds
2,365sqft
Est.:
Condominium
Built in 1991
-- sqft lot
$-- Zestimate®
$1,055/sqft
$3,067/mo HOA
What's special
Day dockGas fireplaceCenter islandGenerously sized bedroomsNew roofBay viewsFishing pier
- 66 days
- on Zillow |
- 93 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 10:47am
Listing Provided by:
Debra Pitell-Hauge 941-356-0437,
MICHAEL SAUNDERS & COMPANY 941-383-7591,
Lisa Sebastian 941-544-5413,
MICHAEL SAUNDERS & COMPANY
Source: Stellar MLS,MLS#: A4648088
Originating MLS: Sarasota - Manatee

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Den/Library/Office, Utility Room
Primary bedroom
- Features: Ceiling Fan(s), Dual Sinks, En Suite Bathroom, Stone Counters, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
- Level: First
- Area: 228.8 Square Feet
- Dimensions: 17.6x13
Bedroom 2
- Features: Ceiling Fan(s), Shower No Tub, Stone Counters, Built-in Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 3
- Features: Ceiling Fan(s), Shower No Tub, Stone Counters, Walk-In Closet(s)
- Level: First
- Area: 143 Square Feet
- Dimensions: 11x13
Primary bathroom
- Features: Dual Sinks, Multiple Shower Heads, Rain Shower Head, Tub with Separate Shower Stall
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: First
Balcony porch lanai
- Level: First
- Area: 150 Square Feet
- Dimensions: 10x15
Balcony porch lanai
- Level: First
- Area: 168 Square Feet
- Dimensions: 14x12
Dinette
- Features: Built-in Features
- Level: First
- Area: 300 Square Feet
- Dimensions: 20x15
Dining room
- Level: First
- Area: 171.6 Square Feet
- Dimensions: 15.6x11
Kitchen
- Features: Breakfast Bar, Kitchen Island, Stone Counters
- Level: First
Laundry
- Level: First
- Area: 54 Square Feet
- Dimensions: 9x6
Living room
- Features: Ceiling Fan(s)
- Level: First
- Area: 351.52 Square Feet
- Dimensions: 16.9x20.8
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
- Flooring: Carpet, Engineered Hardwood, Tile
- Doors: Sliding Doors
- Windows: Storm Window(s), Window Treatments
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Furnished: Yes
- Common walls with other units/homes: Corner Unit,End Unit
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,365 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Deeded, Garage Door Opener, Ground Level, Guest
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Patio, Rear Porch
- Exterior features: Balcony, Irrigation System, Private Mailbox, Tennis Court(s)
- Pool features: Gunite, Heated, In Ground
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: Water, Bay/Harbor - Full
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full
- Waterfront features: Bay/Harbor Front, Waterfront, Bay/Harbor, Bay/Harbor Access
- Body of water: SARASOTA BAY
Lot
- Features: FloodZone, City Lot, Landscaped, Near Golf Course, Private
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Parcel number: 0012051013
- Zoning: MUC2
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Mediterranean
- Property subtype: Condominium
Materials
- Block, Stucco
- Foundation: Raised
- Roof: Tile
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Bay/Harbor Front, Intracoastal Waterway, Waterfront, Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Fitness Center, Gated Community - No Guard, No Truck/RV/Motorcycle Parking, Pool, Tennis Court(s)
- Security: Fire Sprinkler System, Gated Community, Security Gate, Security Lights, Security System, Security System Owned, Smoke Detector(s)
- Subdivision: TANGERINE BAY CLUB
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pickleball Court(s), Pool, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
- Services included: Common Area Taxes, Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Security, Sewer
- HOA fee: $3,067 monthly
- HOA name: David Daley
- HOA phone: 941-415-1301
- Pet fee: $0 monthly
Location
- Region: Longboat Key
Financial & listing details
- Price per square foot: $1,055/sqft
- Tax assessed value: $1,649,700
- Annual tax amount: $18,437
- Date on market: 4/17/2025
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Brick, Asphalt, Paved
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